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Chapter 9 Accounting for Inventories. Inventory Retailers: finished goods held for sale; balances can be large (77% of current asset & 25% of total assets
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2012. Activate the Inventory function Set up Inventory Items in the Item list Use QuickBooks to calculate the average cost of inventory Record
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Inventories Chapter 9. Objectives 1.Discuss the nature of inventories and how to measure them 2.Explain what is included in the cost of inventory 3.Explain
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Reporting and Analysing Inventory CHAPTER 6. Merchandise Inventory Owned by the company Ready for sale to customers
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Cost of Goods Sold and Inventory: Identification and Valuation
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